Manx Financial Group PLCLSE: MFX

Director's Dealings

· Issued by Manx Financial Group PLC

On 6ix: 6ix.com/news/directors-dealings-36

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RNS Number : 0106Q
Manx Financial Group PLC
31 October 2012
 

FOR IMMEDIATE RELEASE                                                             31st October 2012

Manx Financial Group PLC

(the 'Company')

Director's Dealings-

Part Assignment of Unsecured Convertible Loan Note

The Company announces that, in accordance with the terms of the £1.7 million unsecured convertible loan note (the "Loan") issued to Burnbrae Limited on 1st August 2012, £500,000 of this Loan has been assigned to Jim Mellon.

Jim Mellon is the Company's Executive Chairman. Burnbrae Limited is wholly owned by a trust of which Jim Mellon is a life tenant.

For further information, please contact:

Manx Financial Group plc

Denham Eke

Tel +44 (0) 1624 694694

Beaumont Cornish Limited

Roland Cornish/James Biddle

Tel +44 (0) 20 7628 3396

Britton Financial PR

Tim Blackstone

Tel + 44 (0) 7957 140416

This information is provided by RNS
The company news service from the London Stock Exchange
 
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